401(k) · DOL Form 5500 · 2022

Peerless Steel Company 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
164
Participants Small participant base
62nd
Percentile by assets National rank
$52,227
Avg per participant Low balance/head
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Official DOL plan name: Peerless Steel Company Employees' Profit Sharing and 401(k) Plan · Sponsored by Peerless Steel Company · Michigan · Wholesale Trade

$9M in assets, 164 participants

Peerless Steel Company's Peerless Steel Company Employees' Profit Sharing and 401(k) Plan reported $9M in total assets and 164 participants in its 2022 DOL Form 5500 filing, ranking in the 62nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #3,636 in Wholesale Trade (6,843 peers)

Coverage in Michigan

Peerless Steel Company Employees' Profit Sharing and 401(k) Plan covers 164 participants in Michigan, about 26% of the average Michigan filer (state average ~638 per filing). Assets: $9M.

#3,636
in Wholesale Trade (6,843 peers)
-9.5%
assets change YoY

The plan reported a net loss of $900K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Peerless Steel Company Employees' Profit Sharing and 401(k) Plan's mid-pack asset rank among Wholesale Trade and all filers

Peerless Steel Company Employees' Profit Sharing and 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$8,565,165 Top 38% higher than 62% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Peerless Steel Company Employees' Profit Sharing and 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Peerless Steel Company Employees' Profit Sharing and 401(k) Plan sits mid-pack in the medium band (164 participants).

DOL schedule card

Filing strip 381573882 · Peerless Steel Company PY 2022 · 401(k)

Peerless Steel Company Employees' Profit Sharing and 401(k) Plan · $9M · 164 · 62nd

  • BOY $9M
  • BOY 164
  • BOY 62nd
  • BOY 401(k)
  • BOY near Kalihi-Palama Health Center 401(k) Retirement Savings Plan (002)
  • BOY ind #3636

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Wholesale Trade retirement plans → · Plans in Michigan →

Peerless Steel Company Employees' Profit Sharing and 401(k) Plan in the asset neighbourhood

Peerless Steel Company Employees' Profit Sharing and 401(k) PlanPeerless Steel Company Emplo…$9MKalihi-Palama Health Center 401(k) Retirement Savings Plan (002)Kalihi-Palama Health Center …$9MFamily Medicine Clinic 401(k) Profit Sharing PlanFamily Medicine Clinic 401(k…$9MPulmonary & Sleep Medicine Associates 401(k) Profit Sharing PlanPulmonary & Sleep Medicine A…$9MVolusion, LLC Retirement TrustVolusion, LLC Retirement Tru…$9M
End-of-year total assets ($M) among Peerless Steel Company Employees' Profit Sharing and 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$9M
Net Income-$900K
Employer EIN381573882
Plan Effective Date1959-09-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Peerless Steel Company)

Sponsor-wide plan assets over time

All Peerless Steel Company plans reported in each filing year

Latest sponsor-wide plan assets
$9M 10.287881202522078% vs 2022
2024 filing year
$8M$8.5M$9M$9.5M$10M 202220232024 $8.57M $9.45M ▲ +10.3%
Year Plans Participants Total Assets
2022 1 164 $9M
2023 1 169 $9M
2024 1 161 $9M

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Peerless Steel Company Employees' Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Peerless Steel Company Employees' Profit Sharing and 401(k) Plan, Total assets ($B): 0.008565165 · Participants: 164Peerless Steel Company Employees' Profit Sharing and 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Peerless Steel Company Employees' Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Peerless Steel Company Employees' Profit Sharing and 401(k) Plan side-by-side with 3 peers →

Peerless Steel Company Employees' Profit Sharing and 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Kalihi-Palama Health Center 401(k) Retirement Savings Plan (002) in HI ($9M); by covered participants it is Inserv Corp. 401(k) Profit Sharing Plan in NC (164 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (164 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Peerless Steel Company Employees' Profit Sharing and 401(k) Plan assets move in 2022? ▼
Peerless Steel Company Employees' Profit Sharing and 401(k) Plan pulled back noticeably - down 9.5% during 2022, from $9M to $9M. Reported net income was -$900K.
How have Peerless Steel Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Peerless Steel Company's sponsor-wide assets grew 10.3%, from $9M to $9M.
Which 401(k) plans are similar in size to Peerless Steel Company Employees' Profit Sharing and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kalihi-Palama Health Center 401(k) Retirement Savings Plan (002) in HI ($9M, 208 participants).
Which 401(k) plans cover a similar participant headcount to Peerless Steel Company Employees' Profit Sharing and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Inserv Corp. 401(k) Profit Sharing Plan in NC (164 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 381573882.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.